C o m m e r c i a l R e a l E s t a t e C o n s u l t a n t s , L L C

CREwww.creconsultants.com

FRED KERMANI, CCIM, AIAPartner

239.659.4960fred.kermani@creconsultants.com

CONTACT

12140 Carissa Commerce Ct, Suite 102 Fort Myers, FL 33966

1100 Fifth Ave. S, Suite 100 Naples, FL 34102

PETE’S TIME OUTTIME SQUARE RESTAURANT & BAR

FOR SALE 1 0 0 5 E S T E R O B LV D, F O R T M Y E R S B E A C H , F L 3 3 9 3 1

09/23/16

The information contained herein was obtained from sources believed reliable. CRE Consultants makes no guarantees, warranties or representations as to the completeness or accuracy thereof, and is subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice.

www.creconsultants.com/go/FredKermani

PRICE: $2,900,000 to be purchased turn-key “AS IS”, real estate and business $1,600,000 real estate $1,300,000 business including 4-COP liquor license (worth $235,000), FF&E and up to $25,000 inventoryLOCATION: Time Square steps to the Fort Myers Beach, the Pier, and the City public parking lot. Close to intersection of San Carlos Blvd & Estero Blvd SIZE: 1,881± SF Land 951± SF Building 704± SF Covered Bar 836± SF Outside Umbrella area; leased from the CitySEATS: 50 (60 Max Capacity) inside, 74 outside, total 124 (134 Max)RE TAXES: $1,892.61

PARCEL ID: 24-46-23-W3-0007.0000

Pete’s Time Out is a family owned restaurant and bar on Fort Myers Beach, established in early 80’s. Offering includes the real estate as well a full operating turn-key restaurant and bar, FF & E, and 4-COP liquor license (worth $235,000), and up to $25,000 inventory. It is located at the heart of the Time Square, steps to the beach and the Fort Myers Beach pier, with an open air, relaxing atmosphere, and “beach themed” bar area. Perfect for sitting outside, watching the sunset and enjoying the live entertainment, performed frequently during the week and weekends. Excellent accounting records, Hurricane Shutters, online access to 16 video surveillance cameras and fully equipped kitchen and three restrooms. For additional information, please return signed NDA.

FORT MYERS BEACH RESTAURANT

PLEASE DO NOT TALK WITH EMPLOYEES ABOUT THE SALE

2016 DEMOGRAPHICS - DRIVE TIME 5 MIN 10 MIN 15 MIN

EST. POPULATION 2,276 12,784 48,073

EST. HOUSEHOLDS 1,299 7,108 24,653

EST. AVERAGE HOUSEHOLD INCOME $77,424 $64,425 $77,507

C o m m e r c i a l R e a l E s t a t e C o n s u l t a n t s , L L C

CREwww.creconsultants.com

PETE’S TIME OUTTIME SQUARE RESTAURANT & BAR

FOR SALE

CONTACT

HIGHLIGHTS1 0 0 5 E S T E R O B LV D, F O R T M Y E R S B E A C H , F L 3 3 9 3 1

09/23/16

The information contained herein was obtained from sources believed reliable. CRE Consultants makes no guarantees, warranties or representations as to the completeness or accuracy thereof, and is subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice.

FRED KERMANI, CCIM, AIAPartner

239.659.4960fred.kermani@creconsultants.com

www.creconsultants.com/go/FredKermani

SUBJECT

FIFTH ST

ESTERO BLVD

SAN

CARLO

S BLV

D

OLD

SAN

CARLO

S BLV

D

CITY PARKING

TIME SQUARE

� $2,900,000 Turnkey, including Real Estate & Business

� $1,600,000 Real Estate & $1,300,000 Business

� Time Square, walking to the Beach, Pier and City Public Parking

� Established in 80’s, 134 maximum seats, inside & outside

� Excellent accounting records, high volume of sale

� Efficient fully equipped kitchen and 16 Surveillance Cameras

C o m m e r c i a l R e a l E s t a t e C o n s u l t a n t s , L L C

CREwww.creconsultants.com

PETE’S TIME OUTTIME SQUARE RESTAURANT & BAR

FOR SALE

FRED KERMANI, CCIM, AIAPartner239.659.4960fred.kermani@creconsultants.com

CONTACT

1 0 0 5 E S T E R O B LV D, F O R T M Y E R S B E A C H , F L 3 3 9 3 1

09/23/16